Pershing Square Group definition
Examples of Pershing Square Group in a sentence
The Company acknowledges that the Pershing Square Group intends to file this Letter Agreement as an exhibit to its Schedule 13D pursuant to an amendment that the Company shall have the opportunity to review in advance.
Except as the Parties may otherwise agree, for so long as Xxxxxxx Xxxxx remains a Director, the Pershing Square Group will not trade in Company securities (including Common Stock) during trading blackout periods generally applicable to Directors under the blackout calendar as currently in effect (as it may reasonably be modified from time to time on a good faith basis).
The Company acknowledges that the Pershing Square Group may file certain provisions of this Letter Agreement and the Press Release as exhibits to its Schedule 13D pursuant to an amendment and the Pershing Square Group agrees that the Company will have the opportunity to review such amendment in advance of filing.
The agreements of the Pershing Square Group and of Sachem Head Group are each solely for the benefit of and enforceable by the Company.
Paull as a Director, not an employee of the Pershing Square Group, or a member of Pershing Square, (iv) has no disqualifying attributes relating to his or her reputation, integrity and competence and (v) meets all director independence and other standards of the New York Stock Exchange and the SEC, to serve as a Director of the Company in place of Matthew H.
In addition, the Pershing Square Group and Sachem Head Group have determined no longer to consult with each other with respect to their investments in the Company and accordingly, during the Standstill Period, the Pershing Square Group and Xxxxxxx Xxxxx, on the one hand, and Sachem Head Group, on the other, agrees not to, and will cause Xxxxxxx X.
The Company shall provide the Pershing Square Group with advance written notice of the occurrence of the Termination Date.
The Pershing Square Group agrees to be responsible for any action or omission by any of the following that would constitute a breach of this Letter Agreement or the Confidentiality Agreement if directly or indirectly taken or omitted by the Pershing Group: (i) Xxxxxxx X.
The Pershing Square Group agrees not to, directly or indirectly, enter into, and agrees to terminate any existing, economic, pecuniary or other arrangements with Seifi Ghasemi so that Seifi Ghasemi will be and remain fully independent.
In addition, during the Standstill Period, the Pershing Square Group will not, and will cause Xxxxxxx X.